ICIEC Celebrates 20th Anniversary

In the occasion of its 20 years Anniversary. ICIEC held a seminar titled “The Future Role of ICIEC in Supporting Trade and Investments In Member Countries“ on Tuesday 24 June 2014 on the margin of its the Board of Governors’ 21st Annual Meeting, which was held on June 20th, 2014 in Hilton Hotel, Jeddah.

The event coincided with the 40th Anniversary of its parent Islamic Development Bank (IDB) which was inaugurated by HRH Prince Salman Bin Abdulaziz, the Crown Prince, Deputy Premier and Defense Minister of the Kingdom of Saudi Arabia, and the Board of Governors’ 39th Annual Meeting, which was held on June 25th, 2014.

The participants discussed the challenges that ICIEC and other providers of credit and political risk insurance need to overcome and the opportunities to take advantage of so that they cater to the ever-changing needs of their clients.

Dr. Abdel-Rahman Taha, the CEO of ICIEC, on the occasion commented “the seminar aimed at taking a forward-looking approach to ICIEC’s relevance to the economic aspirations of its member countries”.

The seminar was attended by representatives of a number of IDB/ICIEC Member Countries, relevant international institutions, experts in the field of export credit insurance, as well as client and potential client of ICIEC inside/outside Saudi Arabia.

The International Union of Credit & Investment Insurers (Berne Union), was also represented by its Vice President, Dr. Andreas Klasen, who delivered the keynote address. Peter Jones, Former Secretary General of Berne Union moderated the a panel discussion on “The Future Role of ICIEC- How can ICIEC best contribute to the developments of its Member Countries” ?